Wickens, Michael R. - In: CESifo economic studies : CESifo, a joint initiative of … 56 (2010) 4, pp. 536-553
The blame for the recent financial crisis has been attributed to modern macroeconomic theory rather than banking and finance. This article defends modern macroeconomics against its critics arguing that the critics have missed the point of why macroeconomics is carried out in the way it is. It...